Difference Between a Bookkeeper and an Accountant

Many practice owners don’t understand the difference between a bookkeeper and an accountant. As a result they often find themselves in a position where they either rely on a bookkeeper to do their accounting work or they pay an accountant to do their bookkeeping. The ramifications of either action can have serious consequences. In order to know which is needed, it is important to understand why the tasks performed by each are different.

COVID-19 Private Practice Support & Resources

The Practice Lab is committed to providing business support and useful resources to help private practice owners manage through the global coronavirus pandemic. Our dedicated COVID-19 support page is updated regularly with news, useful templates, advice and webinars.View page